This is to notify all Members and the public that Egerton University SACCO Society Limited is now registered with Credit Reference Bureau (CRB).
Consequently all Non-Performing loans (Under paid for more than 90 (Ninety) Days) will be listed as provided under section 18 of the Credit Reference Bureau Regulations, 2013.
Members are advised to check on the status of their Loans. Those with Non-Performing loans are hereby notified to repay them within 30 Days or visit the SACCO to agree on an acceptable repayment plan Failure to comply will lead to listing of the defaulters with the CRB.
Note that Loans/Defaulters listed with the CRB will remain on record for period of 5 (Five) Years, even after the loans are fully repaid thereby affecting access to loans from other financial institutions in future.